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A Second Look at How Target Date Funds Change Their Allocations
American Association of Individual Investors
June 17, 2016 "Setting aside questions about whether target date funds use the most optimal allocation strategies -- beyond the scope of this article -- the biggest downside to them is the lack of customization. Shareholders in these funds are locked into specific fund families. They are also locked into allocation ranges based on planned retirement ages. So-called robo-advisers offer an alternative." MORE >> |
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